Monday, June 20, 2016

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As stated in a recently published information by Credence
Research “Rapeseed Oil Market– Growth, Share, Opportunities,
Competitive Analysis, and Predict 2015 – 2021,” the rapeseed oil market was
valued at US$ 23.76 Bn in 2014, and is expected to reach US$ 35.39 Bn by 2021,
expanding at a CAGR of 6.9% from 2016 to 2021.

Market Insights
Rapeseed oil is extracted from rape crop which is the third largest crop
cultivated in Europe. The global market for rapeseed oil is anticipated to
witness rapid growth during the predict period due to various health benefits
and advantageous properties such as its use in production of biodiesel, as
vegetable oil in food, etc. The increasing demand for biodiesel is another
factor promoting growth of global rapeseed oil market.

Frequent
changes in food consumptions of people globally have led to growing use of
vegetable oils. The shift in food pattern from animal products to vegetable,
grains, fruits, etc. is due to health awareness among major population. Demand
for high quality dietary fats and oils have been observed in various regions
worldwide. Rapeseed oil has been proved to be the healthiest oil among other
oils such as soybean, sunflower, etc. The health benefits offered by rapeseed
oil such as cholesterol free and reduce the risk of cardiovascular diseases is
driving the consumption of rapeseed oil worldwide.

Competitive Insights:

Europe
accounted to be the major rapeseed oil producing region. Rape is the third
largest cultivated crop in UK. Rapeseed oil is thereby consumed on a large
scale in the region for production of biodiesel and in food applications. The
growing concerns related to fossil fuels have led to greater demand for
biofuels such as biodiesel. Europe accounted for more than 30% share of global
rapeseed oil market in 2015 and is expected to grow in the near future. Asia
Pacific followed Europe in terms of demand for rapeseed oil and is projected to
be the second fastest growing market in 2015. China and India are expected to
be the major consumers of rapeseed oil among other countries in Asia Pacific.
India accounted for more than 18% of the global rapeseed oil market in 2015. In
addition, Middle East and Africa (MEA) and Rest of the World (RoW) are also
expected to boost demand for global rapeseed oil in the market.

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Major players involved in the production of rapeseed oil are focusing on
marketing strategies and new product launches to gain a strong foothold in
emerging economies globally. To increase market opportunities, the major weapon
used by small as well as major players is mergers and acquisitions. Increasing
demand for rapeseed oil for large number of applications is the major factor
for new entrants to compete and gain foothold in the market.

Credence
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organizations, governments, non legislative associations, and not-for-benefits.
We offer our customers some assistance with making enduring enhancements to
their execution and understand their most imperative objectives. Over almost a
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